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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (358488)	11/14/2007 2:34:15 PM
From: combjelly	Respond to of 1573817

"I think it might be a surprising number. Especially to those that think the "poor don't pay taxes"." I saw one study which indicated that total taxes paid were somewhere around 20% for all income groups. I think the lowest was around 18% and the highest was about 22%. IIRC, they counted sales and excise taxes and income taxes. I don't recall if property taxes were factored in. But, I can't find it again, so that very well could be wrong as to the details. The main point, however, is that we have essentially a flat tax now.